Insurance companies and financial institutions should give Oregonians affected by the ongoing federal government shutdown more time and flexibility to pay bills and file claims, the Oregon agency that regulates insurers recommended Tuesday.
The federal government shut down on Oct. 1 after Republicans and Democrats in Congress could not agree to pass a bill funding government services into October and beyond. With 30,000 people on the federal payroll in Oregon, the Oregon Employment Department estimates about 10,000 of them have been furloughed or required to work without pay.
To help ease any financial hardship, the Oregon Division of Financial Regulation is encouraging the insurance companies, health care service contractors and state-regulated financial institutions under its juris